Catalyzing digital innovations for

Financial Inclusion

to empower the poor

Catalyzing digital innovations for

Financial Inclusion

to empower the poor

Catalyzing digital innovations for

Financial Inclusion

to empower the poor

Current Challenge

Financial Innovation Lab Malaysia, funded by the MetLife Foundation, is running the B40 Challenge to find solutions that could drive usage of financial services by lower and middle income customers in Malaysia (or the B40 population) beyond access to bank accounts.

18 teams from fintech start-ups are working with UNCDF to develop and refine innovative new solutions. They’re attending Bootcamps to learn and apply the design thinking process, working with our mentors and partners from Bank Negara and MDEC amongst other companies, and engaging in our online community of practice.

Financial Innovation Lab in Malaysia is in collaboration with UNCDF, Bank Negara Malaysia and MDEC.

The funding partner is MetLife Foundation.

My Fintech Week '19

17th June - 21st June, Sasana Kijang

UNCDF Malaysia is a strategic partner for MyFinTech Week, hosted by Bank Negara Malaysia.

On the 19th June the top five teams from the FinLab B40 Challenge will pitch their ideas to a panel of world-leading finance and technology experts. Join us at FinTech week to see which three teams will be selected.

What do we do?

As part of the Financial Innovation Lab, the United Nations Capital Development Fund (UNCDF) issues challenges to innovators in global markets across Asia, Africa, and the Pacific. The challenges reflect obstacles to inclusion in each market, that digital technologies present an opportunity to address. The challenges aim to stimulate the growth of new businesses and ideas to drive the development of inclusive digital economies.

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Icons made by Eucalyp from www.flaticon.com is licensed by CC 3.0 BY

Who Are We

This is the community of practice for the UNCDF Financial Innovation Lab (FinLab) in Malaysia. The FinLab's mission is to enable fintech players to create products and services that meet the needs of underserved communities.

The community works together towards the common goal of financial inclusion. Here, you can share experiences, tools, and resources to enable and accelerate advancements in inclusive innovation.

Learn more about the community and how to join here.

Resources

UNCDF is pleased to partner with

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